Cable TV
Liberty-owned MSO Virgin Media to axe 900 jobs over 2 years
MUMBAI: Liberty Global owned MSO Virgin Media is planning to axe as many as 900 jobs in the UK over the next two years.
In this business reorganisation exercise, the company said it will now focus on network expansion. As a part of the restructuring, some employees will also be moved to other roles within the company.
Virgin Media CEO Tom Mockridge “Over the last three years Virgin Media has been transformed. We’re expanding, investing and growing our business. The proposed reorganisation will give us an even sharper focus on the customer, network expansion and business growth.”
Virgin Media, which is one of the UK’s biggest telecommunications brands, providing fixed and mobile telephone, TV, and broadband internet services, was bought by American tycoon John Malone’s Liberty Global in 2013 for ?15 billion.
